3 Bank Stocks That Can Fetch 34% To 48% Return, IDBI Capital Maintains Buy Call

1. Buy IndusInd Bank

The analyst has suggested investors to buy IndusInd Bank with a target price of Rs 1630 apiece. Last trading price of IndusInd Bank is Rs 1102.30 apiece on BSE. If you buy IndusInd Bank shares at last trading price, you can potentially get return of 48%.

The stock's 52-week high is Rs 1275.25 apiece and 52-week low is Rs 763.75 apiece, respectively. The bank has a market capitalisation of Rs 85,521.05 crore.
It gave 21% return in last 1-year, 2% return in last 3-years, and declined 35% in last 5-years. It came into existence in 1994.

2. Buy ICICI Bank

IDBI Capital has recommended investors to buy ICICI Bank with a target price of Rs 1260 apiece. Last trading price of ICICI Bank is Rs 853.95 apiece on BSE. If you buy ICICI Bank shares now, you can expect to receive likely return of 47%.

The 52-week high of ICICI Bank is Rs 958.00 apiece and 52-week low is Rs 642.00 apiece, respectively. The bank has a market capitalisation of Rs 5,96,147.84 crore. The stock gave 19% return in last 1-year and 68% return in last 3-years.

It fell 8% in last 3-months. In last 5-years, the shares soared 180%. It was incorporated in 1994.

3. Buy DCB Bank

Last trading price of DCB Bank is Rs 112.05 apiece with intraday decline of 1.32% on BSE. The stock's 52-week high is Rs 141.20 apiece and 52-week low is Rs 68.50 apiece, respectively. IDBI Capital has recommended investors to buy DCB Bank with a target price of Rs 150 apiece. If you buy DCB Bank shares now, you can get potential return of 34%.

It has a market capitalisation of Rs 3,489.50 crore. The stock gave 52% return in last 1-year and 20% return in last 6-months. DCB Bank was incorporated in 1995.

Disclaimer

The stocks have been picked from the brokerage report of IDBI Capital. Greynium Information Technologies, the Author, and the respective Brokerage House are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.